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Updated over 10 years ago,
Differences in Financing when...
How is/will the financing be different for a property that I tell my Lender up front, that I am purchasing with the intent on " Flipping " the property vs buying it as an O.O. ?
Will the fees as a whole be more, as well as the interest that I will have to pay ?
And I just read an article for 2014, that states that the 90-day Flip rule is still in effect, in regards to not being allowed to sale the property, for more than 20% of the price in which you purchased the house for.
So if this is still in effect, just wait more than 90 days from the date you purchase the property, and " Then " you can sell it for as much as the Market allows for the property via what ever it's ARV appraisal is ?
Thanks everyone, as always, I appreciate all the help and insight on these questions/topics